ACC 546 PAPER Teaching Resources / acc546paper.com

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ACC 546 PAPER Teaching Resources / acc546paper.com
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ACC 546 PAPER Teaching Resources
ACC 546 All Assignments FOR MORE CLASSES
VISIT   www.acc546paper.com Please check All
Included Assignments Below ACC 546 Individual
Assignment Evaluating the Case Against Lehman
Brothers ACC 546 Case 3.3 The Anonymous Caller
ACC 546 Assignment Burlington Bees ACC 546 Week 1
Assignment Avoiding Bias Paper ACC 546 Individual
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ACC 546 PAPER Teaching Resources
ACC 546 Assignment Burlington Bees FOR MORE
CLASSES VISIT   www.acc546paper.com 1 Research
auditing professional standards and list the
requirements related to developing an expectation
and conducting analytical procedures when those
procedures are intended to provide substantive
evidence. What are the advantages of developing
an expectation at a detailed level (i.e., using
disaggregated data) rather than at an overall or
aggregated level
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ACC 546 PAPER Teaching Resources
ACC 546 Case 2.2 Apple Inc. FOR MORE CLASSES
VISIT   www.acc546paper.com     CASE 2.2 Apple
Inc. Evaluation of Client Business Risk After
completing and discussing this case you should be
able to 1 Describe the implications of an audit
clients business risk on the audit engagement
2 Describe the types of information relevant to
evaluate an audit clients business risk 3
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ACC 546 PAPER Teaching Resources
ACC 546 Case 3.3 The Anonymous Caller FOR MORE
CLASSES VISIT   www.acc546paper.com Case 3.3 The
Anonymous Caller, p. 63-65 1 Do you think
situations like this (i.e., aggressive accounting
or even financial statement fraud) are common in
practice? 2 Which financial statement assertion
related to sales transactions did management
violate when it issued the falsified financial
statements
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ACC 546 PAPER Teaching Resources
ACC 546 Case 4.1 Enron Corporation Andersen,
LLP FOR MORE CLASSES VISIT   www.acc546paper.com
1)What were the business risks Enron faced, and
how did those risks increase the likelihood of
material misstatement in Enrons financial
statements? 2) In your own words, summarize how
Enron used SPEs to hide large amounts of company
debt (a) What are the responsibilities of a
companys board of directors? (b) Could the board
of directors at Enron-especially the audit
committee-have
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ACC 546 PAPER Teaching Resources
ACC 546 Case 5.1 Simply Steam, Co. FOR MORE
CLASSES VISIT   www.acc546paper.com Commitment to
Integrity and Ethical Values Board of Directors
Demonstrates Independence and Appropriate
Oversight Managements Philosophy and Operating
Style Management Establishes Structure and
Reporting Lines to Achieve Objectives Financial
Reporting Competencies
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ACC 546 PAPER Teaching Resources
ACC 546 Case 7.1 Anne Aylor, Inc FOR MORE
CLASSES VISIT   www.acc546paper.com    ACC 546
Case 7.1 Anne Aylor, Inc. a Why are different
materiality bases considered when determining
planning materiality? b Why are different
materiality thresholds relevant for different
audit engagements? c Why is the materiality
base that results in the smallest threshold
generally
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ACC 546 PAPER Teaching Resources
ACC 546 CASE 9.1 Wallys Billboard Sign Supply
FOR MORE CLASSES VISIT   www.acc546paper.com CASE
9.1 Wallys Billboard Sign Supply After
completing the audit program, answer the
following questions 1 Why is the audit of cash
an important part of the audit? 2 Bill
performed tests of controls for all transaction
cycles with good results. Why is it important to
also perform substantive audit procedures for the
ending cash balance even when tests of controls
over transactions that affect the cash account
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ACC 546 PAPER Teaching Resources
ACC 546 Case 9.3 Longeta Corporation FOR MORE
CLASSES VISIT   www.acc546paper.com     Case 9.3
Longeta Corporation overs auditing revenue
contracts. You want to be thoroughly prepared for
the meeting with the audit manager. Perform the
following procedures to be certain you have all
necessary information about the transactions
treatment. 1 The Financial
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ACC 546 PAPER Teaching Resources
ACC 546 Case 9.4 Bud's Big Blue Manufacturing
FOR MORE CLASSES VISIT   www.acc546paper.com Case
9.4 Bud's Big Blue Manufacturing covers accounts
receivable confirmations REQUIRED 1 List the
four factors auditors should consider when
evaluating the results of confirmation
procedures. Also, what are three of the
characteristics of a reliable confirmation? (For
this and other questions, you may wish to refer
relevant auditing standards). 2 What does it
mean to maintain control over the confirmation
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ACC 546 PAPER Teaching Resources
ACC 546 Case 9.7 RedPack Beer Company FOR MORE
CLASSES VISIT   www.acc546paper.com     Case 9.7
RedPack Beer Company covers estimating allowance
for bad debt 2 Following your analysis of the
information in Schedules A-D, assume that you met
with RedPacks Credit Manager, Katie Henson, to
ask her a number of questions related to specific
customer accounts
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ACC 546 PAPER Teaching Resources
ACC 546 Case 10.4 and 10.5 Southeast Shoe
Distributor, Inc (Score 100) FOR MORE CLASSES
VISIT   www.acc546paper.com Week 5 Team
Assignment Case 10.4 and 10.5 Southeast Shoe
Distributor, Inc. 10.4 2 Complete steps 1a-i
from the audit program E 1-1 3 Complete step 4a
from the audit program E 1-1 10.5 1 Complete
audit procedure 3a listed on audit program E 2
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ACC 546 PAPER Teaching Resources
ACC 546 Case 11.1 The Runners Shop FOR MORE
CLASSES VISIT   www.acc546paper.com Week 6 Team
Assignment, 1 Instructions Review case 11.1 The
Runners Shop p.379-391. CASE 11.1 The Runners
Shop Briefly answer, required questions related
to this case 1-3 with approximately 30 to 45
words. REQUIRED 1 Describe the purposes of
audit documentation and explain why each purpose
is important. 2 Review Green and Brown, LLPs
audit documentation
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ACC 546 PAPER Teaching Resources
ACC 546 Case 12.1 EyeMax Corporation FOR MORE
CLASSES VISIT   www.acc546paper.com Case 12.1
EyeMax Corporation evaluating audit differences
Assume that you are the auditor responsible for
the EyeMax audit. It is now March 30, and all
planned fieldwork has been completed. Recall that
total financial statement materiality has been
set at 625,000. Taking into account the
information provided, please answer the following
question. 1 Which of the following three
alternatives best describes
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ACC 546 PAPER Teaching Resources
ACC 546 Case 12.2 Auto Parts. Inc FOR MORE
CLASSES VISIT   www.acc546paper.com Case 12.2
Auto Parts. Inc. materiality and evaluating
accounting policies and footnote disclosures 1
Describe whether you agree that capitalization of
the tooling supplies is the preferable method of
accounting for Auto Parts, Inc. 2 In general,
how do auditors develop an estimate of financial
statement materiality? For Auto Parts, Inc., what
is your estimate of financial statement
materiality? Are
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ACC 546 PAPER Teaching Resources
ACC 546 Case 12.4 Surfer Dude Duds, Inc FOR
MORE CLASSES VISIT   www.acc546paper.com ACC 546
Case 12.4 Surfer Dude Duds, Inc 1 What are
Scotts options? 2 How might a going-concern
explanatory paragraph become a self-fulfilling
prophecy for Surfer Dude? 3 Discuss the
importance of full and accurate auditor reporting
to the public, and describe possible consequences
for both parties if the going-concern explanatory
paragraph and footnote are excluded
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ACC 546 PAPER Teaching Resources
ACC 546 Individual Assignment 1.1 Ocean
Manufacturing, Inc FOR MORE CLASSES
VISIT   www.acc546paper.com     2. What
nonfinancial matters should be considered before
accepting Ocean as a client? How important are
these issues to the client acceptance decision?
Why? 5. (A). Prepare a memo to the partner making
a recommendation as
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ACC 546 PAPER Teaching Resources
ACC 546 Individual Assignment Case 5.3 Red Bluff
Inn Café FOR MORE CLASSES VISIT   www.acc546pa
per.com 1 What are your two biggest concerns
relating to possible fraud for the café part of
the business? For each concern, generate two or
three controls that could effectively reduce risk
related to your concerns. Use common sense and be
creative! 2 What are your two biggest concerns
relating
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ACC 546 PAPER Teaching Resources
ACC 546 Individual Assignment Case 5.6 Sarbox
Scooter, Inc. FOR MORE CLASSES
VISIT   www.acc546paper.com     Part A 1.
According to AS5 a) What should the auditor
consider when determining whether an account
should be considered significant? b) What
qualitative factors might cause an account that
is otherwise relatively small quantitatively to
be considered significant
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ACC 546 PAPER Teaching Resources
ACC 546 Individual Assignment Evaluating the Case
Against Lehman Brothers FOR MORE CLASSES
VISIT   www.acc546paper.com ACC 546 Individual
Assignment Evaluating the Case Against Lehman
Brothers The Case Against Lehman Brothers. Write
a 750- to 1,050-word evaluation. Analyze and then
summarize the responsibilities and failings of
the firm, the firms accountants, and government
regulators.
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ACC 546 PAPER Teaching Resources
ACC 546 Laramie Wire Manufacturing Assignment
FOR MORE CLASSES VISIT   www.acc546paper.com ACC
546 Laramie Wire Manufacturing Assignment.
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ACC 546 PAPER Teaching Resources
ACC 546 Week 1 Assignment Avoiding Bias Paper
FOR MORE CLASSES VISIT   www.acc546paper.com Avoi
ding Bias Paper - Assessment Activity - Week1 -
ACC/546 - eCampus Read the pages 1-9 section of
Professional Judgment and distinguish the four
tendencies toward professional judgment bias
1. Availability Tendency 2. Confirmation Tendency
3.
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ACC 546 PAPER Teaching Resources / acc546paper.com